Comparison between Delta Autocorp IPO and Parmeshwar Metal IPO.
Delta Autocorp IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Parmeshwar Metal IPO is a SME Bookbuilding proposed to list at BSE SME.
| Delta Autocorp IPO | Parmeshwar Metal IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | GYR Capital Advisors Pvt.Ltd. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Giriraj Stock Broking Pvt.Ltd. | Spread X Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Delta Autocorp IPO is up to ₹50.78 Cr whereas the issue size of the Parmeshwar Metal IPO is up to ₹23.49 Cr. The final issue price of Delta Autocorp IPO is ₹130.00 per share and of Parmeshwar Metal IPO is ₹61.00 per share.
| Delta Autocorp IPO | Parmeshwar Metal IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹123.00 per share | ₹57.00 per share |
| Issue Price (Upper) | ₹130.00 per share | ₹61.00 per share |
| Issue Price (Final) | ₹130.00 per share | ₹61.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | 2000 shares |
| Fresh Issue Size | 35,94,000 shares | 38,50,000 shares |
| Fresh Issue Size (Amount) | up to ₹46.72 Cr | up to ₹23.49 Cr |
| OFS Issue Size | 3,12,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹4.06 Cr | up to ₹0.00 Cr |
| Issue Size Total | 39,06,000 shares | 38,50,000 shares |
| Issue Size Total (Amount) | up to ₹50.78 Cr | up to ₹23.49 Cr |
Delta Autocorp IPO opens on Jan 07, 2025, while Parmeshwar Metal IPO opens on Jan 02, 2025. The closing date of Delta Autocorp IPO and Parmeshwar Metal IPO is Jan 09, 2025, and Jan 06, 2025, respectively.
| Delta Autocorp IPO | Parmeshwar Metal IPO | |
|---|---|---|
| Anchor Bid Date | Jan 06, 2025 | Jan 01, 2025 |
| Issue Open | Jan 07, 2025 | Jan 02, 2025 |
| Issue Close | Jan 09, 2025 | Jan 06, 2025 |
| Basis Of Allotment (Tentative) | Jan 10, 2025 | Jan 07, 2025 |
| Initiation of Refunds (Tentative) | Jan 13, 2025 | Jan 08, 2025 |
| Credit of Share (Tentative) | Jan 13, 2025 | Jan 08, 2025 |
| Listing date (Tentative) | Jan 14, 2025 | Jan 09, 2025 |
| Anchor Lockin End date 1 | Feb 08, 2025 | Feb 05, 2025 |
| Anchor Lockin End date 2 | Apr 09, 2025 | Apr 06, 2025 |
Delta Autocorp IPO P/E ratio is 18.03, as compared to Parmeshwar Metal IPO P/E ratio of 9.51.
| Delta Autocorp IPO | Parmeshwar Metal IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Delta Autocorp Limited Financial Information (Restated)
| Parmeshwar Metal Limited Financial Information (Restated)Parmeshwar Metal Limited's revenue increased by 13% and profit after tax (PAT) dropped by -19% between the financial year ending with March 31, 2024 and March 31, 2023.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 97.59 | 96.33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.76 | 70.81 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 18.03 | 9.51 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹198.77 Cr. | ₹93.37 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 23.69% | 21.49% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 19.32% | 17.51% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.49 | 0.59 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.21 | ₹6.42 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 21.18% | 19.40% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Delta Autocorp IPO Retail Individual Investors (RII) are offered 13,68,000 shares while in Parmeshwar Metal IPO retail investors are offered 13,68,000 shares. Qualified Institutional Buyers (QIB) are offered 7,81,000 shares in Delta Autocorp IPO and 7,70,000 shares in Parmeshwar Metal IPO.
| Delta Autocorp IPO | Parmeshwar Metal IPO | |
|---|---|---|
| Anchor Investor Reserveration | 11,70,000 shares | 11,54,000 shares |
| Market Maker Reserveration | 2,94,000 shares | 2,06,000 shares |
| QIB | 7,81,000 shares | 7,70,000 shares |
| NII | 5,87,000 shares | 5,78,000 shares |
| RII | 13,68,000 shares | 13,48,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 39,06,000 shares | 38,50,000 shares |
Delta Autocorp IPO subscribed 342.10x in total, whereas Parmeshwar Metal IPO subscribed 607.07x.
| Delta Autocorp IPO | Parmeshwar Metal IPO | |
|---|---|---|
| QIB (times) | 178.64x | 177.32x |
| NII (times) | 624.28x | 1,202.83x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 314.33x | 597.09x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 342.10x | 607.07x |
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